CVS Health Corp. (CVS) quarterly cash flow statement — complete operating, investing & financing history
CVS Health Corp. (CVS) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 6.34B | 4.25B | 3.39B | 796M | 1.9B | 4.56B | 1.86B | -745M | 3.09B | 4.9B | -2.64B | 2.72B | 5.91B | 7.44B | -1.95B | 9.12B | 5.44B | 3.56B | 4B | 5.52B |
| Operating CF Growth % | 234.48% | -6.74% | 82.26% | 206.85% | -38.59% | -7.08% | 170.56% | -127.43% | -47.72% | -34.08% | -35.04% | -70.23% | 8.54% | 108.76% | -148.74% | 65.24% | -6.91% | 23.2% | 12.28% | 194.61% |
| Operating CF / Revenue % | 5.98% | 4.23% | 3.21% | 0.77% | 1.92% | 4.82% | 1.9% | -0.78% | 3.39% | 5.54% | -2.81% | 3.03% | 6.64% | 8.72% | -2.33% | 11.24% | 6.75% | 4.64% | 5.23% | 7.48% |
| Net Income | 3B | 2.96B | 2.94B | -2.8B | 1.02B | 1.78B | 1.62B | 71M | 1.77B | 1.12B | 2.05B | 2.27B | 1.91B | 2.14B | 2.3B | -3.4B | 3.04B | 2.35B | 1.3B | 1.59B |
| Depreciation & Amortization | 1.13B | 1.11B | 1.15B | -2.33B | 1.17B | 1.15B | 1.15B | 1.16B | 1.15B | 1.14B | 1.13B | 1.13B | 1.1B | 1B | 1.05B | 1.05B | 1.08B | 1.05B | 1.11B | 1.13B |
| Stock-Based Compensation | 176M | 266M | 0 | -126M | 136M | 126M | 137M | 133M | 133M | 137M | 127M | 154M | 204M | 103M | 106M | 105M | 147M | 89M | 138M | 114M |
| Deferred Taxes | -150M | -91M | 542M | 283M | -114M | -169M | 340M | -571M | -124M | -217M | -316M | -250M | -68M | 155M | 175M | -1.97B | -71M | -175M | 217M | -275M |
| Other Non-Cash Items | 0 | 0 | -221M | 7.33B | -8M | 239M | -993M | 840M | 0 | 0 | 416M | 152M | 0 | 0 | 94M | 2.52B | -225M | 0 | 1.06B | 794M |
| Working Capital Changes | 2.2B | 2M | -1.02B | -1.57B | -309M | 1.43B | -394M | -2.38B | 161M | 2.72B | -6.04B | -732M | 2.75B | 4.04B | -5.68B | 10.81B | 1.47B | 245M | 182M | 2.17B |
| Cash from Investing | -1.88B | -874M | -2B | -2.09B | -1.02B | -762M | -547M | -3.35B | -1.63B | -2.09B | -1.24B | -771M | -10.36B | -8.51B | -119M | -805M | -2.13B | -1.99B | -1.44B | -847M |
| Capital Expenditures | -691M | -849M | -784M | -698M | -607M | -743M | -768M | -670M | -638M | -705M | -911M | -545M | -591M | -984M | -688M | -580M | -408M | -1.05B | -597M | -608M |
| Acquisitions | -4M | -5M | -7M | 139M | -119M | -20M | -10M | -12M | -48M | -25M | -120M | -18M | -9.38B | -7.09B | 671M | 9M | -2.06B | -7M | -11M | -27M |
| Purchase of Investments | -4.52B | -4.19B | -3.97B | -3.86B | -3.63B | -3.55B | -2.51B | -5.9B | -3.24B | -3.54B | -2.42B | -2.13B | -2.14B | -2.36B | -1.31B | -1.43B | -1.54B | -3.47B | -2.55B | -1.85B |
| Sale/Maturity of Investments | 3.32B | 4.16B | 2.74B | 2.77B | 3.33B | 3.53B | 2.72B | 3.22B | 2.27B | 2.15B | 2.18B | 1.91B | 1.75B | 1.89B | 1.19B | 1.18B | 1.79B | 2.57B | 1.69B | 1.61B |
| Other Investing | 5M | 7M | 17M | -443M | 4M | 19M | 26M | 15M | 32M | 28M | 25M | 11M | 1M | 31M | 11M | 20M | 85M | -31M | 27M | 23M |
| Cash from Financing | -2.69B | -2.32B | -2.03B | -1.38B | 806M | -2.33B | 431M | -1.59B | 1.25B | -1.23B | -972M | -2.7B | 3.63B | 2.73B | -2.19B | -3.22B | -2.46B | -2.65B | -2.83B | -1.93B |
| Dividends Paid | -878M | -847M | -845M | -846M | -866M | -840M | -838M | -837M | -858M | -840M | -779M | -779M | -795M | -779M | -719M | -726M | -740M | -722M | -660M | -659M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 3M | -3.03B | 1M | 3M | 2M | -2.02B | -1.5B | 0 | 0 | -2B | 0 | 0 |
| Stock Issued | 114M | 103M | 86M | 117M | 47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Other Financing | -160M | -56M | -6M | 18M | -136M | 110M | 63M | 117M | -117M | 139M | 38M | 26M | -103M | -66M | 48M | 174M | -206M | 86M | 260M | 142M |
| Net Change in Cash | 1.77B | 1.06B | -702M | -2.67B | 1.68B | 1.46B | 1.74B | -5.68B | 2.71B | 1.58B | -4.85B | -752M | -828M | 1.65B | -4.26B | 5.1B | 852M | -1.08B | 2.65B | 2.74B |
| Exchange Rate Effect | 0 | 0 | -62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.91B | 0 |
| Cash at Beginning | 9.77B | 8.71B | 9.15B | 12.03B | 10.35B | 8.88B | 7.14B | 12.82B | 10.11B | 8.53B | 13.38B | 14.13B | 14.96B | 13.3B | 17.56B | 12.46B | 11.61B | 12.69B | 10.04B | 10.3B |
| Cash at End | 11.54B | 9.77B | 8.45B | 9.35B | 12.03B | 10.35B | 8.88B | 7.14B | 12.82B | 10.11B | 8.53B | 13.38B | 14.13B | 14.96B | 13.3B | 17.56B | 12.46B | 11.61B | 12.69B | 13.04B |
| Free Cash Flow | 5.65B | 3.4B | 2.61B | 98M | 1.29B | 3.81B | 1.09B | -1.42B | 2.45B | 4.2B | -3.55B | 2.17B | 5.32B | 6.45B | -2.64B | 8.54B | 5.04B | 2.51B | 3.41B | 4.91B |
| FCF Growth % | 338.29% | -10.83% | 138.64% | 106.93% | -47.37% | -9.17% | 130.79% | -165.18% | -53.9% | -34.96% | -34.36% | -74.59% | 5.6% | 156.93% | -177.46% | 73.89% | -6.08% | 21.76% | 19.41% | 266.64% |
| FCF Margin % | 5.33% | 3.39% | 2.47% | 0.1% | 1.3% | 4.03% | 1.12% | -1.48% | 2.69% | 4.75% | -3.78% | 2.42% | 5.98% | 7.57% | -3.15% | 10.53% | 6.24% | 3.27% | 4.45% | 6.66% |
| FCF per Share | 4.41 | 2.66 | 2.04 | 0.08 | 1.02 | 3.02 | 0.87 | -1.12 | 1.95 | 3.31 | -2.74 | 1.68 | 4.13 | 5 | -2 | 6.5 | 3.81 | 1.89 | 2.55 | 3.7 |